Allahabad High Court single bench while hearing an application under Section 482 CrPC filed by Vinod and 2 others observed that the applicants have misused the process of law by filing successive applications before the Court suppressing the material facts and documents and misled the Court.
The centre’s plan to privatise the banks and merge them is shaky. Unprofessional mergers are a hindrance to the functioning of healthy banks and do not help overcome the issue of bad loans
Supreme Court while dismissing an application under Section 482 observed that the applicants have not approached the Court with clean hands and filed false affidavits before the Court that the matter has been compromised, therefore, he does not deserve any indulgence by the Court.
Delhi Government Additional Standing Counsel Anuj Aggarwal on Thursday sought time from the Delhi High Court to take instructions upon a plea by a woman who is a beneficiary under the Delhi Ladli Scheme, 2008, alleging non-payment of the amount accrued to her, under the said scheme, upon maturity in 2012.
Madras High Court division bench while hearing a petition filed by the Asst General Manager, State Bank of India held that the Presiding Officer of Debts Recovery Tribunals should be vigilant that matters are taken up chronologically.
The Delhi High Court today held that that Banks/Financial Institutions can initiate and continue the proceedings against the guarantor for recovering their dues under Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 .